The site will house CNC machinery and related equipment to support the company’s new operations for disposable surgical instruments. The company’s current manufacturing implants and reusable instruments operations, which together employ 140 people in Warsaw and Rome City will continue.
The new facility is expected to be fully operational at the beginning of 2018. It will also begin hiring workers to fill positions at the plant after the new year.
The IEDC offered Precision up to $430,000 in conditional tax credits and up to $45,000 in training grants based on the company’s job creation plans. The town of North Manchester is expected to consider additional incentives.